CT SB00973

Removes the prohibition on revaluation of real property taken into trust by the federal government for the Mashantucket Pequot Tribal Nation (within the 1983 Settlement boundary, before June 8, 1999) and the Mohegan Tribe of Indians of Connecticut.

Allows state reimbursement to Ledyard and Montville under the Property in Lieu of Taxes (PILOT) program to be based on values determined by the towns' most recent revaluations.

Effective July 1, 2013, and applicable to assessment years commencing on or after October 1, 2013.

Amends section 12-62(h) of the general statutes in response to Public Act 12-1, which made tribal land eligible for the state PILOT program under section 12-19a.